Thread: Money Investing megathread extravaganza
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Old 07-15-2018, 12:44 PM   #2120
lewdog lewdog is offline
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Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1348100
Quote:
Originally Posted by ChiliConCarnage View Post
So, it seems we have quite a few IQ holders here. I like to use Finviz to take a quick look at companies. It's not perfect but it puts a lot of info into a small area. I basically use it to decide if I want to spend time researching a business and digging through the financial records. A lot of the fields here are empty probably becuase IQ hasn't had an earnings report yet.



I assumed this was a mistake but Schwab and Yahoo Finance also list nearly 700 million shares.

Explain yourselves, longs. Baidu, spun this off so I assume it's legit but these numbers say there are 10 million shares voting on the current stock price w/ 700 million shares currently in lockup who've been precluded from selling. That sounds awful and I can't imagine it's accurate. If the people who priced this IPO at 18 dollars or whatever are holding 700 million shares on the sidelines, uhh, good luck.
Great post


As I've stated numerous times, there's no reason to be long on IQ. None. I am swing trading it as needed in this sideways market and nothing more.
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